China’s car part maker Citic Dicastal opens third plant in Morocco

China’s car part maker Citic Dicastal opened in Morocco its third factory worth 190 million dollars to manufacture aluminum chassis parts. The new factory in Kenitra will be ready in six months with a production capacity of 10 million units. It will offer up to 766 direct jobs, the industry ministry said in a statement. […]

Arab countries and Iran to invest $ 755 Bln in energy by 2019

The Middle Eastern and North Africa (MENA) countries will invest 755 billion dollars in energy projects in the next five coming years despite the falling oil prices, according to an economic study released on the 4th February 2015. Approximately 42% of these investments of USD 316 billion will be spent in power generation, 31% from […]

Former French President criticizes Macron for Algeria infatuation

“We risk losing everything! We will win Algeria’s trust but we will lose that of Morocco,” thus spoke former French President Nicolas Sarkozy deploring the pro-Algeria bias of the current French head of state Emmanuel Macron. In an interview with Le Figaro, Sarkozy lambasted Macron for his shortsighted Maghreb foreign policy in which he sought […]